Davis Polk Advises Banco de Bogotá S.A. on Its $600 Million Global Senior Notes Offering
Davis Polk advised Banco de Bogotá S.A. in connection with its global offering of $600 million aggregate principal amount of its 4.375% senior notes due 2027, pursuant to Rule 144A and Regulation S under the Securities Act of 1933.
Banco de Bogotá is Colombia’s oldest financial institution, having conducted operations for more than 140 years, and the second-largest bank in the country. Banco de Bogotá is a subsidiary of Grupo Aval Acciones y Valores S.A., the largest banking group in Colombia. In addition to its banking operations, Banco de Bogotá owns the largest pension and severance fund administrator and the largest merchant bank in Colombia, as well as BAC Credomatic, a leading Central American banking group.
The Davis Polk corporate team included partner Nicholas A. Kronfeld, counsel Yasin Keshvargar, associate Roderick G. Miller and former summer law clerk Tanu Sinha. Counsel Alon Gurfinkel and associate Catherine L. Chu provided tax advice. Partner Gregory S. Rowland and associate Brantley Hawkins provided 1940 Act advice. Members of the Davis Polk team are based in the New York and London offices.